CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED

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  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

1. CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED 2005-05-10 → present
2. CAPITA LIFE AND PENSIONS REGULATED SERVICES LIMITED 2005-05-03 → 2005-05-10
3. CAPITA PERSONAL PENSION MANAGEMENT LTD 2004-07-30 → 2005-05-03
4. PERSONAL PENSION MANAGEMENT LIMITED 1990-02-23 → 2004-07-30
5. ENFRANCHISE SEVENTY THREE LIMITED 1989-09-20 → 1990-02-23

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although the Company has a reliance on the Group as detailed above, based on their enquiries with the Group's Directors and the Company's forecasts, even in a severe but plausible downside, the Directors are confident the Company will continue to have adequate financial resources to continue in operat on and discharge its liabilities as they fall due over the period to 30 June 2026. Consequently, the financial statements have been prepared on the going concern basis.”

Group structure

1. CAPITA LIFE & PENSIONS REGULATED SERVICES LIMITED · parent
   1. Western Mortgage Services Limited 100% · UK · Customer Management
   2. Capita Retail Financial Services Ltd 100% · UK · In liquidation

Significant events

• “It was announced at the Capita plc's Capital Markets Day in June 2024, that the Group would be exploring the exit of the activities undertaken by the Company. The Company is making good progress in this regard, with one client remaining and hand back conditions agreed with all other clients, which be transitiored over the coming years.”
• “The Financial Conduct Authority permissions for Capita Life & Pensions Regulated Services Limited (CLPRS) has changed, the Compary is now subject to MIPRU & IPRU-INV 13 rules.”
• “As the Company no longer has any active members in the HPS, this triggered a cessation event which means a Section 75 debt... However, in March 2025, the Trustee of the HPS has released the Company from all its obligations and liabilities under or pursuant to this guarantee.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9.4%

  £170,564,064 → £154,513,108

  lowest in 3 filed years

• Cash

  -10.9%

  £51,557,026 → £45,915,052

• Net assets

  +33%

  £207,177,664 → £275,554,156

• Employees

  -11%

  2,001 → 1,781

  lowest in 3 filed years

• Operating profit

  +97.3%

  £6,190,496 → £12,212,046

• Profit before tax

  +440%

  £14,593,304 → £78,801,125

• Wages

  -14.9%

  £75,497,041 → £64,218,768

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers